India's iPhone exports reached a new record of INR 10,000 crore in May, boosting the country's smartphone exports to INR 12,000 crore for the month. The Indian government aims to use Apple's success in the country to encourage more US firms, such as Tesla, to shift their supply chains to India. Smartphone exports surpassed INR 20,000 crore in the first two months of the 2021-22 fiscal year compared to INR 9,066 crore for the same period the previous year.from Economy-News-Economic Times https://ift.tt/cVA2kvP
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